Dunning-Krugerrands

Fly Charts: Bitcoin Deja Vu and Apple's Labor Problem

From Brian Moynihan's scissor hands to Goldman's banking bright spot, here are four charts that tell you what you need to know in business today.
Photographer: Dan Kitwood

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From Brian Moynihan's scissor hands to Goldman's banking bright spot, here are four charts that tell you what you need to know in business today.

Deja Vu

"A dizzying rise of 1,000 percent followed by a drop of 50 percent? It's happened before."

Source: Bloomberg

Bread and Butter

Fixed income, currencies, and commodities ruined Goldman's quarter. But investment banking is a very bright spot.

Source: Bloomberg

To the Bone

It will be tough for Brian Moynihan to get his bank's expenses much lower than where they are right now.

Source: Bank of America

A Big Stick

Apple sends an enormous amount of money to its vendors. It needs to start using the clout it gets as a result to improve labor standards.

Source: Bloomberg

And don't miss Tara Lachapelle on the media M&A market: "With 21st Century Fox Inc. selling most of its TV and film assets to Walt Disney Co. and others exploring deals, Redstone won't want to sit out the industry consolidation. The $66 billion Disney-Fox merger and AT&T Inc.'s $109 billion takeover of Time Warner Inc. still hinge on government approvals. But assuming those go through, along with Discovery Communications Inc.'s acquisition of Scripps Networks Interactive Inc., a subsequent deal between CBS and Viacom would reduce the top eight U.S. media companies down to five. That will transform the competitive landscape."

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

    To contact the author of this story:
    Max Nisen in New York at mnisen@bloomberg.net

    To contact the editor responsible for this story:
    Mark Gongloff at mgongloff1@bloomberg.net

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